Compensation Business Partner, Stripe
Core
$138.3-207.5k
More information about location
A financial infrastructure platform for businesses
Open for applications
A financial infrastructure platform for businesses
1001+ employees
Open for applications
$138.3-207.5k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- Ideally, this person thrives in a fast-paced environment and naturally operates with a strategic mentality and an orientation towards problem-solving
- At least 5+ years of work experience in developing and managing global compensation programs and processes for both public and private companies, preferably in a high-growth, scaling, technology environment
- A strong understanding of compensation best practices, current compensation trends, and market benchmark data
- Applies user-centered design principles to deliver improved processes and experiences
- Proven analytical skills, keen eye for detail, and have truly in-depth knowledge of Excel/Google Sheets including building and maintaining complex models
- The ability to communicate across diverse groups with clear, approachable, and collaborative style
- Strong influencing skills with the ability to communicate clearly and confidently when advising senior leaders
- A deep commitment to excellent customer service, empathy, and discretion
- Can balance multiple, sometimes conflicting priorities; approaching challenges with a positive, solution-oriented attitude
- At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description
What the job involves
- Stripe's Compensation Team plays a pivotal role in driving the company's people strategy
- As strategic partners to the business, we strive to demystify compensation programs and processes, enabling Stripes to focus on their core responsibilities
- We take pride in our ability to design and implement compensation offerings that not only attract top-tier talent but also foster long-term engagement and retention
- Our work ensures that Stripe remains competitive in the global talent market, empowering the organization to build and maintain a world-class workforce dedicated to advancing Stripe's ambitious goals
- The Compensation Partner will be responsible for the implementation and integration of our compensation strategy
- They will closely partner with cross-functional teams, and align Stripe’s compensation philosophy with business strategy
- Implement Stripe’s rewards philosophy and principles in compensation related decisions and processes
- Act as a strategic partner to HR Business Partners, Recruiters, Managers, and the Executive team on all compensation matters
- Conduct analyses of market data in order to ensure compensation ranges are aligned to market and supporting the company’s people strategy
- Be data driven and stand for objectivity, independent decision taking, utmost credibility, and trustworthiness
- Ensure Stripe’s compensation programs are well communicated and understood across leadership, management, and individual contributors
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payment option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is extending its services to countries with vast customer potential, including Brazil, Japan and India. It is also partnering with OpenAI, the company behind ChatGPT - a win-win collaboration that is monetising OpenAI’s flagship products and at the same time enhancing Stripe with GPT-4, as it moves forward with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
-5% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company HQ
SoMa, San Francisco, CA
Leadership
Patrick Collison
(CEO)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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